Three Bills Under Consideration To Overhaul Pa Property Tax System

11.27.13 | Bob Price

Pennsylvania property owners have long been clamoring for a change in the way public education is funded. State legislators are listening. But a complete overhaul of the school property tax system will take a while to accomplish. Three pieces of proposed legislation that would eliminate or reform the current taxing structure are in various stages of discussion in Harrisburg. Local school officials and tax professionals say there are pros and cons to each proposal. The two proposals receiving the most attention are Senate Bill 76 and House Bill 1189. Senate Bill 76 had an identical twin in the House (HB 76) that was voted down on Oct. 1. The Senate version, which remains viable, essentially would eliminate the school property tax and replace it with an increased sales tax, use tax and income tax.